Tufton Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M COMPANY	COM	88579y101	7,577	43,352	SH		SOLE		0	0	43,352
ABBOTT LABS	COM	002824100	9,731	88,881	SH		SOLE		0	0	88,881
ABBVIE INC SHS	COM	00287y109	12,917	120,555	SH		SOLE		0	0	120,555
AIR PRODS & CHEMS INC COM	COM	009158106	427	1,566	SH		SOLE		0	0	1,566
ALIBABA GROUP HOLDING LT	COM	01609w102	286	1,230	SH		SOLE		0	0	1,230
ALPHABET INC SHS CL A	COM	02079k305	2,811	1,604	SH		SOLE		0	0	1,604
ALPHABET INC SHS CL C	COM	02079k107	17,786	10,153	SH		SOLE		0	0	10,153
ALTRIA GROUP INC	COM	02209s103	1,814	44,265	SH		SOLE		0	0	44,265
AMAZON COM INC COM	COM	023135106	921	283	SH		SOLE		0	0	283
AMERICAN EXPRESS CO COM	COM	025816109	572	4,735	SH		SOLE		0	0	4,735
AMERICAN TOWER REIT INC (HLDG	COM	03027x100	232	1,035	SH		SOLE		0	0	1,035
ANTHEM INC	COM	036752103	1,345	4,190	SH		SOLE		0	0	4,190
APPLE INC	COM	037833100	17,622	132,810	SH		SOLE		0	0	132,810
AT&T INC	COM	00206r102	4,857	168,896	SH		SOLE		0	0	168,896
AUTOMATIC DATA PROC	COM	053015103	14,239	80,812	SH		SOLE		0	0	80,812
BANK OF AMERICA CORP	COM	060505104	7,488	247,068	SH		SOLE		0	0	247,068
BERKSHIRE HATHAWAY INC DELAWA	COM	084670108	347	1	SH		SOLE		0	0	1
BERKSHIRE HATHAWAYINC DEL CL	COM	084670702	1,408	6,076	SH		SOLE		0	0	6,076
BLACKROCK INC	COM	09247x101	232	322	SH		SOLE		0	0	322
BOEING COMPANY	COM	097023105	266	1,244	SH		SOLE		0	0	1,244
BRISTOL-MYERS SQUIBB CO	COM	110122108	11,714	188,852	SH		SOLE		0	0	188,852
BROWN FORMAN CORP CL B	COM	115637209	759	9,563	SH		SOLE		0	0	9,563
CAPITAL ONE FINL	COM	14040h105	1,856	18,778	SH		SOLE		0	0	18,778
CARRIER GLOBAL CORP	COM	14448c104	4,376	116,024	SH		SOLE		0	0	116,024
CATERPILLAR INC DEL	COM	149123101	12,029	66,087	SH		SOLE		0	0	66,087
CHESAPEAKE UTILS CORP COM	COM	165303108	10,932	101,029	SH		SOLE		0	0	101,029
CHEVRON CORP	COM	166764100	7,691	91,075	SH		SOLE		0	0	91,075
CHIPOTLE MEXICAN GRILL	COM	169656105	988	713	SH		SOLE		0	0	713
CHUBB LTD New	COM	h1467j104	6,101	39,640	SH		SOLE		0	0	39,640
CISCO SYSTEMS INC COM	COM	17275r102	329	7,362	SH		SOLE		0	0	7,362
COCA COLA COM	COM	191216100	3,699	67,457	SH		SOLE		0	0	67,457
COLGATE PALMOLIVE	COM	194162103	7,154	83,669	SH		SOLE		0	0	83,669
COMPUTER SERVICES INC KY	COM	20539a105	1,895	31,912	SH		SOLE		0	0	31,912
CONSTELLATION BRANDS INC	COM	21036p108	230	1,050	SH		SOLE		0	0	1,050
CORNING INC	COM	219350105	10,922	303,401	SH		SOLE		0	0	303,401
COSTCO WHOLESALE CRP DEL	COM	22160k105	1,104	2,931	SH		SOLE		0	0	2,931
CROWN CASTLE REIT INC SHS	COM	22822v101	11,370	71,425	SH		SOLE		0	0	71,425
CSX CORP	COM	126408103	480	5,300	SH		SOLE		0	0	5,300
DANAHER CORP DEL COM	COM	235851102	462	2,081	SH		SOLE		0	0	2,081
DEERE CO	COM	244199105	671	2,495	SH		SOLE		0	0	2,495
DIGITAL RLTY TR INC	COM	253868103	4,398	31,525	SH		SOLE		0	0	31,525
DISNEY (WALT) CO COM STK	COM	254687106	17,086	94,307	SH		SOLE		0	0	94,307
DOW INC REG SHS	COM	260557103	3,649	65,759	SH		SOLE		0	0	65,759
DUKE ENERGY CORP NEW	COM	26441c204	6,905	75,423	SH		SOLE		0	0	75,423
DUPONT DE NEMOURS INC	COM	26614n102	4,160	58,513	SH		SOLE		0	0	58,513
ECOSPHERE TECH INC COM	COM	27922X105	0	10,500	SH		SOLE		0	0	10,500
EMERSON ELEC CO	COM	291011104	9,310	115,840	SH		SOLE		0	0	115,840
ENTERPRISE PRDTS PRTN LPL P	COM	293792107	2,794	142,637	SH		SOLE		0	0	142,637
EXXON MOBIL CORP COM	COM	30231g102	4,414	107,088	SH		SOLE		0	0	107,088
FARMER & MERCHANTS BANCORP INC	COM	30779N105	230	10,000	SH		SOLE		0	0	10,000
FEDEX CORP DELAWARE COM	COM	31428x106	462	1,781	SH		SOLE		0	0	1,781
FIDELITY MSCI REAL ESTATE INDE	COM	316092857	660	26,041	SH		SOLE		0	0	26,041
FORD MTR CO DEL COM PAR $0.01	COM	345370860	108	12,350	SH		SOLE		0	0	12,350
HOME DEPOT INC	COM	437076102	294	1,109	SH		SOLE		0	0	1,109
HONEYWELL INTL INC COM	COM	438516106	439	2,068	SH		SOLE		0	0	2,068
INTEL CORP	COM	458140100	10,752	215,823	SH		SOLE		0	0	215,823
INTL BUSINESS MACHINES CORP I	COM	459200101	4,859	38,603	SH		SOLE		0	0	38,603
INVESCO S&P 500 LOW VOLATILITY	COM	46138e354	365	6,500	SH		SOLE		0	0	6,500
ISHARES CORE S&P 500 ETF	COM	464287200	1,216	3,241	SH		SOLE		0	0	3,241
ISHARES CORE S&P MID-CAPETF	COM	464287507	833	3,628	SH		SOLE		0	0	3,628
ISHARES CORE S&P SMALL CAP ET	COM	464287804	684	7,444	SH		SOLE		0	0	7,444
ISHARES TR NORTH AMERN TECH ET	COM	464287549	612	1,750	SH		SOLE		0	0	1,750
JOHNSON AND JOHNSON COM	COM	478160104	12,511	79,501	SH		SOLE		0	0	79,501
JPMORGAN CHASE & CO	COM	46625h100	16,902	133,019	SH		SOLE		0	0	133,019
LEGGETT&PLATT INC PV1CT	COM	524660107	1,955	44,143	SH		SOLE		0	0	44,143
LOCKHEED MARTIN CORP	COM	539830109	12,745	35,904	SH		SOLE		0	0	35,904
LOWE'S COMPANIES INC	COM	548661107	631	3,933	SH		SOLE		0	0	3,933
MC CORMICK NON VTG	COM	579780206	649	6,794	SH		SOLE		0	0	6,794
MCDONALDS CORP COM	COM	580135101	354	1,651	SH		SOLE		0	0	1,651
MEDTRONIC PLC SHS	COM	g5960l103	478	4,085	SH		SOLE		0	0	4,085
MERCK AND CO INC SHS	COM	58933y105	14,084	172,184	SH		SOLE		0	0	172,184
MICROSOFT CORP	COM	594918104	29,822	134,079	SH		SOLE		0	0	134,079
MONDELEZ INTERNATIONAL INC	COM	609207105	10,273	175,713	SH		SOLE		0	0	175,713
NETFLIX COM INC	COM	64110l106	391	724	SH		SOLE		0	0	724
NEXTERA ENERGY INC SHS	COM	65339f101	757	9,824	SH		SOLE		0	0	9,824
NORFOLK SOUTHERN CORP	COM	655844108	11,952	50,302	SH		SOLE		0	0	50,302
NXP SEMICONDUCTORS N.V.	COM	n6596x109	6,239	39,241	SH		SOLE		0	0	39,241
OLIN CORP $1 NEW	COM	680665205	2,049	83,451	SH		SOLE		0	0	83,451
OTIS WORLDWIDE CORP	COM	68902v107	3,143	46,539	SH		SOLE		0	0	46,539
PEPSICO INC	COM	713448108	6,181	41,685	SH		SOLE		0	0	41,685
PFIZER INC	COM	717081103	206	5,603	SH		SOLE		0	0	5,603
PHILIP MORRIS INTL INC	COM	718172109	5,131	61,983	SH		SOLE		0	0	61,983
PINTEREST INC REG SHS CL A	COM	72352l106	652	9,900	SH		SOLE		0	0	9,900
PJT PARTNERS INC	COM	69343t107	206	2,750	SH		SOLE		0	0	2,750
PNC FINCL SERVICES GROUP	COM	693475105	1,404	9,424	SH		SOLE		0	0	9,424
PRICE T ROWE GROUP INC	COM	74144t108	1,040	6,874	SH		SOLE		0	0	6,874
PROCTER & GAMBLE CO	COM	742718109	13,043	93,747	SH		SOLE		0	0	93,747
PROLOGIS INC	COM	74340w103	1,016	10,200	SH		SOLE		0	0	10,200
QUALCOMM INC	COM	747525103	12,796	84,001	SH		SOLE		0	0	84,001
RAYTHEON TECHONOLOGIES CORP	COM	75513e101	6,520	91,187	SH		SOLE		0	0	91,187
SCHLUMBERGER LTD	COM	806857108	710	32,561	SH		SOLE		0	0	32,561
SERVICE CORP INTL COM	COM	817565104	245	5,000	SH		SOLE		0	0	5,000
SOUTHERN COMPANY	COM	842587107	254	4,148	SH		SOLE		0	0	4,148
SPDR DOW JONES INDUST AVETF TR	COM	78467x109	4,792	15,672	SH		SOLE		0	0	15,672
SPDR S&P 500 ETF TR TR UNIT	COM	78462f103	1,775	4,749	SH		SOLE		0	0	4,749
SPDR S&P DIVIDEND ETF	COM	78464a763	1,896	17,904	SH		SOLE		0	0	17,904
STATE STREET CORP	COM	857477103	851	11,698	SH		SOLE		0	0	11,698
STRYKER CORP	COM	863667101	234	955	SH		SOLE		0	0	955
SYSCO CORPORATION	COM	871829107	2,139	28,806	SH		SOLE		0	0	28,806
TARGET CORP COM	COM	87612e106	23,598	133,680	SH		SOLE		0	0	133,680
TESLA INC	COM	88160r101	211	300	SH		SOLE		0	0	300
TJX COS INC NEW	COM	872540109	10,190	149,219	SH		SOLE		0	0	149,219
UNION PAC CORP COM	COM	907818108	499	2,400	SH		SOLE		0	0	2,400
UNITED PARCEL SVC CL B	COM	911312106	8,419	49,996	SH		SOLE		0	0	49,996
V F CORPORATION	COM	918204108	8,908	104,305	SH		SOLE		0	0	104,305
VANECK VECTORS BIOTECH ETF	COM	92189f726	263	1,550	SH		SOLE		0	0	1,550
VARIAN MEDICAL SYS INC	COM	92220p105	2,469	14,110	SH		SOLE		0	0	14,110
VERIZON COMMUNICATNS COM	COM	92343v104	7,861	133,820	SH		SOLE		0	0	133,820
VISA INC CL A SHRS	COM	92826c839	629	2,877	SH		SOLE		0	0	2,877
WALMART INC	COM	931142103	434	3,016	SH		SOLE		0	0	3,016
WASH R E INV TR SBI $.01REIT	COM	939653101	1,231	56,947	SH		SOLE		0	0	56,947
WELLS FARGO & CO NEW DEL	COM	949746101	2,136	70,795	SH		SOLE		0	0	70,795
ZOETIS INC	COM	98978v103	7,801	47,139	SH		SOLE		0	0	47,139
ISHARES INC CORE MSCI EMERGI	INT	46434g103	400	6,452	SH		SOLE		0	0	6,452
ISHARES MSCI EAFE MIN VOL ETF	INT	46429b689	278	3,800	SH		SOLE		0	0	3,800
ISHARES MSCI EAFE SMALL CAP	INT	464288273	435	6,365	SH		SOLE		0	0	6,365
ISHARES TR CORE MSCI EAFETF	INT	46432f842	861	12,474	SH		SOLE		0	0	12,474
ISHARES TR MSCI EAFE GROWTH	INT	464288885	211	2,100	SH		SOLE		0	0	2,100
ISHARES TR MSCI EAFE VALUE	INT	464288877	272	5,782	SH		SOLE		0	0	5,782
TAIWAN S MANUFCTRING ADR	INT	874039100	4,520	41,461	SH		SOLE		0	0	41,461
VANGUARD FTSE ALL WORLD EX US	INT	922042775	356	6,112	SH		SOLE		0	0	6,112
VANGUARD FTSE DEVELOPED MARKET	INT	921943858	924	19,590	SH		SOLE		0	0	19,590
VANGUARD FTSE EMERGING MARKET	INT	922042858	1,490	29,735	SH		SOLE		0	0	29,735